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Cardano’s ADA to Be Integrated in Blockswap’s “Green” DeFi App

Tue, 08/03/2021 - 14:04
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Yuri Molchan
Blockswap to integrate ADA into its DeFi app that uses only "green" cryptocurrencies
Cardano’s ADA to Be Integrated in  Blockswap’s “Green” DeFi App
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According to a press release shared with U.Today, Cardano's innovation fund, cFund—which supports startups at early stages—has invested $500,000 in Blockswap's DeFi app to have Cardano's native cryptocurrency, ADA, integrated into the platform.

The app is called Open Saver, and it only works with blockchains running on the proof of stake (PoS) consensus protocol, avoiding environment-harming blockchains like Bitcoin and Ethereum.

Thus, investors using Open Saver will be able to profit from betting on green cryptocurrencies without having any specific technical knowledge or skills.

Cardano’s ADA to Be Listed on Japanese Exchange for the First Time

Aside from receiving staking rewards, the app will also allow ADA staking operators to utilize their crypto holdings as collateral, which can, in theory, increase the rewards they will get from staking.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at